December and January Opportunities for Melbourne Property Market

December and January Opportunities for Melbourne Property Market

Having the purchase of a home or investment property on your Christmas shopping list might appear to be a bit excessive, but the potential benefits are substantial.

During this period property buyers will no longer need to spend your weekends scanning through investment property websites, chasing down real estate agent, racing between inspections, calculating current value, bargaining with your buyer’s agent, or missing out at auctions. You will also no longer need to estimate current value.

Both December and January periods are quite busy months for property buyers agent melbourne, since everyone is getting ready for the Christmas holidays, finishing up the work year, and attending a variety of social, community, or school activities, as well as parties to celebrate the end of the school year.

No question that both the buyers agents and property buyers might have a tight schedule. But isn’t it paradoxical that we all have a tendency to create time for things that we love to do, and that we work better when we have a holiday approaching as a deadline?

Our buyers agents experts are aware that in the week leading up to a holiday, a lot of remarkable levels of productivity can be achieved. It must be the anticipation that causes the appropriate chemicals to be released in our brains, which in turn gives clarity and focus so that we can get critical tasks done.

See also: How To Maximise Returns from Property Investment

To take advantage of the low activity of other property buyers agents during this period, you should follow the guide below to get the best investment property deal.

You Should Trust a Melbourne Buyers Agent Experts Guide

You should think about using our buyers agency Melbourne service if you have found a property in the Melbourne area and would like assistance estimating the true market value of the home or property, and then negotiating the lowest possible price.

If you are thinking about moving, or if you know someone else who is thinking about moving properties, you should reach out to our buyers agent.

Our experienced team at Buyers Agency Melbourne is here to assist you through each and every step of the process. Give us a call right away.

Why is this Period a favourable time for Investment Property?

The notion of the deadline that we have just discussed is relevant to the reactions which is tied to it. Before the Christmas Day and early in the new year, there is a greater sense of urgency among property purchasers and buyers agents alike to complete a transaction.

Buyers are looking for direction in property search, as they are eager to secure their next house or investment property and move forwards with their plans, whilst selling agent are motivated to find assurance in the knowledge that their property has been sold for a good price.

Recently, the team at buyers agency Melbourne was successful in securing several outstanding homes for our customers at significant price range compared to peak prices from the previous year.

The Melbourne Property Market Conditions

This year, the real estate market will continue to be active right up to the night of Christmas. There is a significant amount of pent-up demand on the part of off market properties purchasers and sellers who have been putting off transactions for the last two years and have done so for the past four months.

The good news for prospective property buyers is that prices have dropped significantly from their peaks in several of the nation’s big cities, as also experienced by our Melbourne buyer’s agent.  Want to learn some more interesting facts about Perth buyers agency visit https://henderson.com.au/buyers-agent-perth/

There has been a fall of about 11% in property prices over the past 12 months in Sydney, and a decline of 7% in Melbourne, according to our Melbourne buyer’s agent experts research. However, property values in Brisbane, Adelaide, and Perth are still in the positive region (but are now trending down).

Real Estate Agents Forecast for Melbourne Property Buyers

According to some buyer’s agents estimate, the property market will have passed the bottom of the trough and will have entered the recovery phase by the year 2023.

This recovery will be helped along by the enormous wave of people who are arriving to Australia, and as a result, prices will go past the era of stabilisation and into the next phase of rise.

The Off Market Properties Outlook

Our elite buyers agents will be providing a more in-depth market outlook for 2023 in our investment property blog posts for the month of January, but for the time being, the most important point to emphasise is that the bottom of the market is most likely to occur around the time that interest rates will peak – most likely in the first half of 2023. This is the key point to highlight.

According to the case assumptions that many qualified property investment advisor and reliable Melbourne buyer’s agent forecasters, has made, it is believed that there will be rises in the property market that are in the single digits in the year 2023.

Reasons Why Purchasing Property Investment Now is Recommended

In conclusion, the time leading up to Christmas is an excellent time to make a real estate purchase.

  • It’s a time of year people tends to reflect on life plans and goals
  • Listing and Buyers agents are eager to wrap up the year with another their last sale
  • Less competition around from other buyers because they are likely to be away at Christmas parties or distracted by life events
  • The Christmas deadline helps create a sense of urgency for both the buyer and the seller

This is a remark that consistently ranks among our favourites – “A goal that does not have a time limit is only a dream.”

You can’t merely think or wish for about something and expect it to materialize just like that; you have to really do something about it.

Conclusion

To know the best timing for the right property in the Melbourne property market, and when to take the best opportunity in property purchase, our buyer’s agent recommends that you follow the right approach for your dream property. Contact the best buyers agency Melbourne for the best results.

At buyers agency Melbourne, we always have the interest of our clients at the centre of our operations. Working with our experts at Buyers Agency Melbourne, you can be rest assured you are getting the best deals.

How To Maximise Returns from Property Investment

How To Maximise Returns from Property Investment

Our observations in the real estate market over the years as the best buyers agency Melbourne have shown us that many people profess to know everything there is to know about investing, while they don’t.

Australian property buyers agents understand that many Australians, often those who have made at least one property purchase somehow feel they have a thorough knowledge of how to generate money via real estate. Everyone thinks they have an opinion on this “BBQ stopper” subject or that.

Investing in the real estate market, however, is a little trickier to grasp in terms of the finer details. To fully understand the advantages and disadvantages of real estate transactions, you need to have been involved in several agreements over a significant time span.

Being a melbourne buyers agent doesn’t even guarantee an error free purchasing property process, except for experienced accredited property investment advisor such as our Melbourne buyer’s agent teams.

Hence, in this articles our Melbourne buyer’s agent experts has explained why is it a good idea to invest in Melbourne property market, the property search process, and what benefits does it provide over other asset classes?

Property Market 101

There are several ways purchasing a real estate can generate returns or accrue benefits to you. With our years of experience at buyers agency Melbourne, we have seen it all regarding property purchase.

We understand the pros and cons of every investment strategy in real estate as one of the best buyers agency Melbourne you can ever come across, this is the reason why 99.99% of the time, our clients are always on the winning side.

So we talked about how best you can maximise your returns in property purchasing in this article. So read and learn. You can also reach out to our experts at buyers agency Melbourne office if you have any specific needs or questions to ask, kindly reach out to us.

The first is profit from renting

To put it simply, this is the money you make by renting out your asset.

Yield, which refers to rental income, is a percentage measure of profitability. Divide your annual rental revenue by the property’s estimated or actual value to get your yield. The yearly rental return is 3.5% if you pay $750,000 for an investment property that brings you $500 in rent per week (or $26,000 annually).

Gain on investments is the second part, and it is the one that has been proven to increase wealth the most.

The increase or decrease in value of an investment over a specific time frame is known as capital gain. Your return on investment (ROI) would be 6.0% if the value of your $750,000 investment increased to $795,000 after a year.

That’s a total yearly return of 9.5% on your money invested in our example property of 3.5% income + 6.0% capital gain.

Incentives to Invest in Property Market

Due to its many advantageous features, real estate market continues to be an excellent investment choice. In most of the cases, it offers a means for capital expansion and stability for property buyers.

Compounding Returns in Investment Property

The compounding of an investment property worth is another magical facet of property business investment, according to elite buyers agents.

Gains for property investors are compounded over time, not just on the initial investment. The value of their home or property rises exponentially as they continue to reap capital gains on top of capital profits year after year.

Assumes your $750,000 property investment grows in value by 6% annually for a decade. This doesn’t imply that you’ll earn $45,000 each year for ten years, or $450,000 overall. Not at all; in fact, it’s much superior.

The home will be valued $795,000 after a year. A 6% increase on $795k in year two would be $842k. In the third year, you may expect an increase of $893,262.

If we project this trend out ten years, your $750,000 investment property will be worth $1,343,135 after a decade; this is a capital gain of $593,135, or an incredible 79% increase in value. Visit Perth buyers agency to learn property facts

Leverage Opportunity in Off-market properties 

The capacity to borrow against a property’s worth at a far greater LVR (loan-to-value ratio) than you could against, say, a portfolio of shares makes it an attractive investment even if interest rates rise.

Continuing with the prior scenario, let’s assume you’d be able to secure a loan with a loan-to-value ratio of 95% on the $750,000 property you have been using.

That translates to a loan from the financier in the amount of $712,500 at an interest rate of about 4.0%. With these numbers (assuming an interest-only loan), your annual interest payments will be $28,500.

Here’s the amazing part: you’re making 9.5% annualised on the $712,500 in loans, or a fantastic $67,688. You are still making $31,188 a year, even after paying interest to the bank.

Investment properties are the only investment instrument that permits borrowing at such high LVRs, and savvy home buyers and elite buyer agents know that this is the key to rapidly growing wealth.

Additional Ways for Returns on Investment Property

There are other more immediate ways to increase property investment profits in property transactions. Buyers agents and real estate agents believes that enhancements of a property outlook can raise the worth of the property.

Maybe just a coat of paint and some new carpet will do the trick. Some landlords and real estate agents may even consider constructing more units or enhancing the parking space for their tenants.

As a qualified property investment advisor, we do advise that with a careful planning and no over-capitalization (spending more on an upgrade than it contributes in value), a property’s rent and market worth should rise after a renovation.

Many real estate agent do understand that there is always the possibility of redeveloping a property if you’re the enterprising sort. There might be possibility for a duplex or a small development on the land.

While this may necessitate more financial outlay, it may result in a significant rise in rental revenue and market value. A Melbourne buyer’s agent expert’s advice is essential if you want to see success with this plan.

Conclusion

To know the best timing for the right property in the Melbourne property market, and when to take the best opportunity in property purchase, our buyer’s agent recommends that you follow the right approach for your dream property. Contact the best buyers agency Melbourne for the best results.

At buyers agency Melbourne, we always have the interest of our clients at the centre of our operations. Working with our experts at Buyers Agency Melbourne, you can be rest assured you are getting the best deals.